Franchise relations is a term used to define the state of the relationship between a franchisor and its franchisees. In addition to growing the franchise network and increasing sales and profits, building positive franchise relations is one of the more important activities that franchisors deal with.
Here are the components that go into building a strong foundation for positive franchise relations. Without these elements a franchisor will be constantly dealing with unhappy and disgruntled franchisees.
Positive franchise relations are an important part of a successful franchise system. Following the steps that I’ve outlined can establish a foundation for positive franchise relations.
New York Times investigation into the use of questionable practices by one its Franchise Development Agents that culminated in the agent acquiring two of a franchisees Subway stores.
Multi-unit franchising grows in popularity, in the Quick Serve Restaurant sector, this model continues to expand into other franchise sectors in popularity.
Detailed studies on emerging franchise success rates, errors in Item 20 disclosure and sector performance, Franchise Grade’s reports help you.
New franchise growth is the top priority for emerging franchise brands. Many of these franchises have an obstacle on the road to more franchise locations.